AEI’s Pethokoukis: Trump Carrier Speech the Worst Economic Speech Since Mondale

Pethokoukis: Trump Carrier Speech The Worst Economic Speech Since Mondale (RealClearPolitics)

American Enterprise Institute scholar Jimmy Pethokoukis told CNBC on Thursday that President-elect Donald Trump's speech about his deal to keep Carrier jobs in the United States was "absolutely the worst speech by an American politician since 1984 when Walter Mondale promised to reverse Reaganomics."

"The idea that American corporations are going to have to make business decisions, not based on the fact that we've created an ideal environment for economic growth in the United States, but out of fear of punitive actions based on who knows what criteria exactly from a presidential administration. I think that's absolutely chilling," he said.

He continued: "[Companies should not make decisions] based on fear that there are going to be tariffs, that they are going to have contracts taken away from them, or the president will attack an American corporation for trying to create a valuable product."